Arbor Metals Corp. (CVE:ABR – Get Free Report) was down 31% on Wednesday . The company traded as low as C$0.55 and last traded at C$0.58. Approximately 397,596 shares were traded during mid-day trading, an increase of 52% from the average daily volume of 261,170 shares. The stock had previously closed at C$0.84.
Arbor Metals Stock Performance
The company has a current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78. The stock has a market cap of C$41.20 million, a price-to-earnings ratio of -20.00 and a beta of -3.71. The stock’s 50 day moving average is C$0.32 and its two-hundred day moving average is C$0.39.
About Arbor Metals
Arbor Metals Corp. identifies, acquires, explores, and develops natural resource properties in Canada. The company has interests in the Jarnet, Corvette Lake, and St. Pierre lithium projects comprising 83 map-designated claims, covering an area of approximately 5,606 hectares located in the James Bay region of Quebec.
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